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My money and my team

My money and my team
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First Published: Wed, May 14 2008. 12 07 AM IST
Updated: Wed, May 14 2008. 12 07 AM IST
Vijay Mallya’s outburst against the two men who ran his Bangalore Royal Challengers team is partly right and partly wrong.
Mallya has quite correctly said that there is a business side to the Indian Premier League. He has paid big money to own a side and is naturally distressed to find it at the bottom of the league.
But, Mallya then argues that he should have had greater say in selecting the team. He should not have depended on Rahul Dravid and Charu Sharma. That’s where the flamboyant businessman is wrong.
Look at it as a business problem. The Bangalore team is a start-up. Mallya is venture capitalist. Dravid is the COO. Sharma was the CEO. Mallya should realize that it is poor organizational strategy for the investor to directly pick the people who are to deliver results. That’s a job best left to the CEO and COO.
Of course, the investor is well within his rights to sack the men he has appointed to lead. That’s what happens in business—and professional sports elsewhere.
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First Published: Wed, May 14 2008. 12 07 AM IST